Tech Company Financing Transactions
EO Charging Funding Round
EO Charging, based in Stowmarket, England, secured $80 million from Vortex Energy and Zouk Capital.
Transaction Overview
Company Name
Announced On
2/22/2023
Transaction Type
Venture Equity
Amount
$80,000,000
Round
Undisclosed
Investors
Vortex Energy (Lead Investor)
Zouk Capital (Lead Investor)
Proceeds Purpose
The company intends to use the funds to further expand its fleet charging solutions business in North America and across Europe, whilst maintaining its position as leader in the fast-developing UK market.
Company Information
Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
Tomo Industrial Estate
Stowmarket, England, IP14 5
UK
Stowmarket, England, IP14 5
UK
Phone
Undisclosed
Website
Email Address
Overview
EO stands for 'Electricity Online' -- the central idea behind our vision of designing smart energy technologies for the future. We're working to create a new charging ecosystem which gives businesses and individuals the power of energy autonomy. Our technology is used by some of the world's biggest businesses and fleet operators and we now distribute to over 30 countries around the world.
Management Team
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